Log In/Sign Up
Your email has been sent.
1525-1527 Bryant Ave
Bronx, NY 10460
Bryant Avenue Apartments · Multifamily Property For Sale
·
12 Units
Investment Highlights
- Highly coveted 35-year 421a tax abatement significantly suppresses carrying costs.
- Communal roof deck drives leasing demand.
- Effortless Manhattan commutes via nearby express trains.
- Fully ADA compliant property features wheelchair-accessible layouts.
- Secure bike storage maximizes tenant retention.
- Instant access to sprawling greenspaces.
Executive Summary
100% Turn-Key Opportunity:
Two pristine, newly constructed multifamily properties completed just this year. With TCO fully secured, you bypass all construction delays and acquire a true turn-key asset ready for immediate occupancy and cash flow.
Unmatched Tax Efficiency:
Maximize your long-term ROI with a highly coveted 35-year 421a tax abatement. This powerful exemption significantly suppresses carrying costs, locking in enhanced cash flow and massive tax savings for decades to come.
28 Total Units + Future Revenue:
The portfolio offers 24 beautifully finished residential apartments and 4 community facility units across both buildings, providing buyers with a blank canvas to add tenant storage for an immediate boost to the rent roll.
Premium & Accessible Build:
Constructed to the highest modern standards, the entire property is fully ADA compliant with wheelchair-accessible layouts that drastically widen your tenant pool. Highly sought-after lifestyle features, including a communal roof deck and secure bike storage, will drive leasing demand and maximize tenant retention.
Strategic Commuter Location:
Perfectly positioned in vibrant and rapidly appreciating Crotona Park East. Tenants will love the effortless Manhattan commutes via the nearby 2 and 5 express trains, fantastic local walkability, and instant access to sprawling greenspaces like Crotona Park and the Bronx Zoo.
Two pristine, newly constructed multifamily properties completed just this year. With TCO fully secured, you bypass all construction delays and acquire a true turn-key asset ready for immediate occupancy and cash flow.
Unmatched Tax Efficiency:
Maximize your long-term ROI with a highly coveted 35-year 421a tax abatement. This powerful exemption significantly suppresses carrying costs, locking in enhanced cash flow and massive tax savings for decades to come.
28 Total Units + Future Revenue:
The portfolio offers 24 beautifully finished residential apartments and 4 community facility units across both buildings, providing buyers with a blank canvas to add tenant storage for an immediate boost to the rent roll.
Premium & Accessible Build:
Constructed to the highest modern standards, the entire property is fully ADA compliant with wheelchair-accessible layouts that drastically widen your tenant pool. Highly sought-after lifestyle features, including a communal roof deck and secure bike storage, will drive leasing demand and maximize tenant retention.
Strategic Commuter Location:
Perfectly positioned in vibrant and rapidly appreciating Crotona Park East. Tenants will love the effortless Manhattan commutes via the nearby 2 and 5 express trains, fantastic local walkability, and instant access to sprawling greenspaces like Crotona Park and the Bronx Zoo.
Property Facts
| Price Per Unit | $1,062,933 CAD | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.71% | Lot Size | 0.11 AC |
| Gross Rent Multiplier | 11.11 | Building Size | 34,000 SF |
| No. Units | 12 | No. Stories | 7 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R7-1 - High density residential district | ||
| Price Per Unit | $1,062,933 CAD |
| Sale Type | Investment |
| Cap Rate | 7.71% |
| Gross Rent Multiplier | 11.11 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 34,000 SF |
| No. Stories | 7 |
| Year Built | 2024 |
| Opportunity Zone |
Yes |
| Zoning | R7-1 - High density residential district |
Amenities
Site Amenities
- Wheelchair Accessible
- Roof Terrace
- Storage Space
- Bicycle Storage
- Elevator
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
Property Taxes
| Parcel Number | 02996-0043 | Improvements Assessment | $273,253 CAD |
| Land Assessment | $219,270 CAD | Total Assessment | $492,523 CAD |
Property Taxes
Parcel Number
02996-0043
Land Assessment
$219,270 CAD
Improvements Assessment
$273,253 CAD
Total Assessment
$492,523 CAD
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
